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Advantage Energy
Advantage Energy Ltd. is a Canadian oil and Natural gas, gas company based in Calgary, Alberta. The company is focused on the development of its Montney fossil gas and liquids resource play to provide Canadian energy. In 2019, it produced 45,833 barrels of oil equivalent per day, with 94% of production consisting of natural gas and 6% light oil and liquids with a low emission intensity of 4 kg CO2e/boe. It is listed on the Toronto Stock Exchange under the symbol . Operations Advantage's Montney assets are located from approximately 4 km to 80 km northwest of the city of Grande Prairie, Alberta. Land holdings consist of 210 net sections (134,400 net acres) of liquids rich Montney lands at Glacier, Vahalla, Progress, and Pipestone/Wembley. Since 2008, production has grown to approximately 275 mmcfe/d (45,833 boe/d) and 2P reserves had increased to 2.8 Tcfe (466 million Boe) at December 31, 2019. Management estimates a future drilling inventory of >1,400 horizontal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
